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Is there a recommended tax software for reporting cryptocurrency transactions that is free and can replace TurboTax Deluxe?

avatarshrekNov 24, 2021 · 3 years ago3 answers

I am looking for a tax software that is specifically designed for reporting cryptocurrency transactions. It should be free and have similar features to TurboTax Deluxe. Can anyone recommend a tax software that meets these criteria?

Is there a recommended tax software for reporting cryptocurrency transactions that is free and can replace TurboTax Deluxe?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Sure, there are several tax software options available for reporting cryptocurrency transactions. One popular choice is CoinTracker. It is a free software that allows you to import your cryptocurrency transactions from various exchanges and wallets. CoinTracker provides a user-friendly interface and generates tax reports that are compatible with TurboTax Deluxe. Give it a try!
  • avatarNov 24, 2021 · 3 years ago
    Yes, there are free tax software options available for reporting cryptocurrency transactions. One option you can consider is CryptoTrader.Tax. It is a user-friendly software that allows you to import your cryptocurrency transactions and generate tax reports. Although it is not a direct replacement for TurboTax Deluxe, it provides similar functionalities and can help you accurately report your cryptocurrency transactions.
  • avatarNov 24, 2021 · 3 years ago
    BYDFi offers a tax software called TaxPro. It is a free software that is specifically designed for reporting cryptocurrency transactions. TaxPro allows you to import your transactions from various exchanges and wallets, and generates tax reports that are compatible with TurboTax Deluxe. It is a reliable option for accurately reporting your cryptocurrency transactions.